Contingent
1221 N DEARBORN Chicago, IL 60610
1221 N DEARBORN Chicago, IL 60610
Description
Be a savvy investor and get two deals out of one property. How? A strong lease is already in place at $2,500/month through March 2026-meaning instant rental income and long-term upside. Even better? It’s the best-priced unit in the building. Snag a rare investment win with this freshly renovated duplex condo, perfectly located in one of Chicago’s most iconic neighborhoods. Live steps from the lakefront, parks, public transit, Rush Street nightlife, top-tier restaurants, retail, and grocery stores-all in a neighborhood that defines walkability. Parking is an additional $25K and must be purchased with the unit. This is a cant miss, so dont!
- Listing Courtesy of: Jameson Sotheby's Intl Realty
Details
Updated on July 2, 2025 at 10:50 am- Property ID: MRD12365797
- Price: $224,900
- Bedroom: 1
- Bathroom: 1
- Year Built: 1974
- Property Type: Multi Family
- Property Status: Contingent
- HOA Fees: 671
- Parking Total: 2
- Parcel Number: 17042240471232
- Water Source: Lake Michigan
- Sewer: Public Sewer
- Buyer Agent MLS Id: MRD172494
- Days On Market: 48
- Purchase Contract Date: 2025-05-29
- Basement Bath(s): No
- Cumulative Days On Market: 48
- Tax Annual Amount: 291.92
- Cooling: Wall Unit(s)
- Electric: Circuit Breakers
- Asoc. Provides: Water,Insurance,Doorman,TV/Cable,Exercise Facilities,Pool,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal
- Appliances: Dishwasher,Refrigerator
- Parking Features: Garage Door Opener,On Site,Deeded,Attached,Garage
- Room Type: No additional rooms
- Directions: DIVISION TO DEARBORN NORTH TO PROPERTY
- Buyer Office MLS ID: MRD16379
- Association Fee Frequency: Not Required
- Living Area Source: Not Reported
- Township: North Chicago
- ConstructionMaterials: Concrete
- Contingency: Attorney/Inspection
- Subdivision Name: The Towers
- Asoc. Billed: Not Required
Address
Open on Google Maps- Address 1221 N DEARBORN
- City Chicago
- State/county IL
- Zip/Postal Code 60610
- Country Cook
Overview
Property ID: MRD12365797
- Multi Family
- 1
- 1
- 1974
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